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utility bond

   Also found in: Financial 0.01 sec.
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Noun1.utility bond - a bond issued to finance the construction of public utility servicesutility bond - a bond issued to finance the construction of public utility services
municipal bond - a bond issued by a state or local government


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On the other hand, if we let Steve Peace and the other Sacramento politicians have their way, we might be paying for this year's budget fiasco for decades to come, as with those utility bonds.
A $9-million utility bond project includes wastewater treatment plant improvements, and two neighborhood improvement projects to install new water and wastewater infrastructure in the Sumter Gardens and Floribana areas are scheduled to begin in May.
In addition, the tax provisions affecting public utility bonds were removed from the original measure and referred to the tax-writing Ways and Means Committee for further consideration.
 
 
 
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